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Maryland State Wire

Sunday, November 24, 2024

Median home prices in Bethesda rose to $955,500 in February 2022

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The median sale price of a home sold in February 2022 in Bethesda rose by $48,000 while total sales decreased by 51.1%, according to BlockShopper.com.

In February 2022, there were 46 homes sold, with a median sale price of $955,500 - a 5.3% increase over the $907,500 median sale price for the same period of the previous year. There were 94 homes sold in Bethesda in February 2021.

The median sales tax in Bethesda for the most recent year with available data, 2020, was $9,425, approximately 1% of the median home sale price for February 2022.

The following table compares Bethesda to other Montgomery County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Travilah310-70%$1,425,000$1,133,75025.7%
Chevy Chase1429-51.7%$1,139,500$1,235,000-7.7%
South Kensington89-11.1%$1,007,500$825,00022.1%
North Potomac612-50%$1,002,000$667,50050.1%
Darnestown39-66.7%$970,000$805,00020.5%
Bethesda4694-51.1%$955,500$907,5005.3%
Potomac3760-38.3%$923,000$959,950-3.8%
Garrett Park220%$800,000$670,01019.4%
Boyds10-$730,000$0-
Poolesville78-12.5%$700,000$492,50042.1%
Laytonsville330%$625,000$770,000-18.8%

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